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Mortgage Approval
Newtown
Posts: 42 Forumite
(Sorry for a silly question. total newbie here)
Once my mortgage has been approved. How long is it valid for ? (I have before making a new application) (we applied with nationwide)
Also can the mortgage be used for any property or are we tied to the property which we applied for ? or the mortgage if approved we can find any property within that range and go for it ?
Once my mortgage has been approved. How long is it valid for ? (I have before making a new application) (we applied with nationwide)
Also can the mortgage be used for any property or are we tied to the property which we applied for ? or the mortgage if approved we can find any property within that range and go for it ?
0
Comments
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Six months.
No, it's a new app with Nationwide for a change of property.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Will making multiple applications affect my credit score ?
I have made one application. its still in process but i am thinking if i for some reason change my mind and find another property. (will i just get declined for making 2 applications ? )kingstreet wrote: »Six months.
No, it's a new app with Nationwide for a change of property.0
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